Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
MC COLLUM WILLIAM R JR
   2. Issuer Name and Ticker or Trading Symbol
Duke Energy CORP [DUK] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Grp Exec,Chief Reg Gen Officer
(Last)
(First)
(Middle)
526 S. CHURCH STREET		 3. Date of Earliest Transaction (Month/Day/Year)
01/08/2007
(Street)

CHARLOTTE, NC 28202		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 27.63 01/08/2007   D(1)     14,600 02/17/2002 02/17/2008 Common Stock 14,600 $ 0 0 D  
Stock Option (Right to Buy) $ 15.74 01/08/2007   A(1)   14,600   02/17/2002 02/17/2008 Common Stock 14,600 $ 0 14,600 D  
Stock Option (Right to Buy) $ 29.66 01/08/2007   D(1)     16,000 02/17/2003 02/17/2009 Common Stock 16,000 $ 0 0 D  
Stock Option (Right to Buy) $ 16.89 01/08/2007   A(1)   16,000   02/17/2003 02/17/2009 Common Stock 16,000 $ 0 16,000 D  
Stock Option (Right to Buy) $ 24.88 01/08/2007   D(1)     20,800 12/20/2003 12/20/2009 Common Stock 20,800 $ 0 0 D  
Stock Option (Right to Buy) $ 14.17 01/08/2007   A(1)   20,800   12/20/2003 12/20/2009 Common Stock 20,800 $ 0 20,800 D  
Stock Option (Right to Buy) $ 42.81 01/08/2007   D(1)     11,400 12/20/2004 12/20/2010 Common Stock 11,400 $ 0 0 D  
Stock Option (Right to Buy) $ 24.38 01/08/2007   A(1)   11,400   12/20/2004 12/20/2010 Common Stock 11,400 $ 0 11,400 D  
Stock Option (Right to Buy) $ 37.68 01/08/2007   D(1)     17,500 12/19/2005 12/19/2011 Common Stock 17,500 $ 0 0 D  
Stock Option (Right to Buy) $ 21.46 01/08/2007   A(1)   17,500   12/19/2005 12/19/2011 Common Stock 17,500 $ 0 17,500 D  
Stock Option (Right to Buy) $ 38.33 01/08/2007   D(1)     4,900 01/17/2002 01/17/2012 Common Stock 4,900 $ 0 0 D  
Stock Option (Right to Buy) $ 21.83 01/08/2007   A(1)   4,900   01/17/2002 01/17/2012 Common Stock 4,900 $ 0 4,900 D  
Stock Option (Right to Buy) $ 13.77 01/08/2007   D(1)     12,675   (2) 02/25/2013 Common Stock 12,675 $ 0 0 D  
Stock Option (Right to Buy) $ 7.84 01/08/2007   A(1)   12,675     (2) 02/25/2013 Common Stock 12,675 $ 0 12,675 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MC COLLUM WILLIAM R JR
526 S. CHURCH STREET
CHARLOTTE, NC 28202		       Grp Exec,Chief Reg Gen Officer  

Signatures

 By: David S. Maltz, Attorney-in-fact for   01/10/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On January 2, 2007, Duke Energy Corporation (''Issuer'') spun off its natural gas businesses to form the stand-alone company Spectra Energy Corp. As a result, equitable adjustments were made to Duke Energy's outstanding stock option awards.
(2) Vested in four annual, equal installments beginning on February 25, 2004.

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